Sensex drops 460 points in early trade
The Hindu
Sensex and Nifty drop in early trade due to IT stocks and weak Asian market trends on May 27.
Equity benchmark indices Sensex and Nifty tumbled in early trade on Tuesday (May 27, 2025), after two days of rally, dragged lower by IT stocks and weak Asian market trends.
The 30-share BSE benchmark gauge Sensex dropped 460.38 points to 81,716.07 in early trade. The NSE Nifty declined 162.05 points to 24,839.10.
Later, the BSE benchmark traded 627.86 points lower at 81,548.59, and the Nifty quoted 178 points down at 24,807.95.
Investors turned cautious ahead of the release of industrial and manufacturing production data for April on Wednesday and the first quarter GDP numbers, scheduled to be announced later this week, experts said.
From the Sensex firms, NTPC, Mahindra & Mahindra, Bajaj Finserv, HCL Tech, Eternal, Tata Consultancy Services, Infosys, UltraTech Cement, Axis Bank and Tata Motors were among the laggards.
IndusInd Bank emerged as the only gainer.
In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng were trading in the negative territory.
Commerce Minister Piyush Goyal urges Indian businesses to seize opportunities in Russia's market, addressing talent shortages and trade demands.
Premiumisation is driving the growth in beauty and personal care industry in India and this segment is growing faster than the products made for the masses, industry executives said at Cosmoprof India 2025, a beauty & personal care industry event currently underway in Mumbai.
Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.
The Rupee appreciated by 19 paise to close at 89.96 against the U.S. dollar amid weak dollar index support.
India aims to expand its tea exports to China, highlighting diverse varieties like Darjeeling and Masala at a recent buyer-seller meet.
Stock markets rebound after four days of decline as Sensex rises 158 points, driven by tech and IT shares.
India reduces Russian oil imports by 38% in October 2025, marking the sharpest decline in value and volume yet.
Suzlon announces three new AI-enabled smart blade factories, expanding its manufacturing footprint to 20 facilities in India.
Odisha Government terminates Silicon Tech Lab's empanelment for involvement in a recruitment scam and service agreement violations.
Worli, Mumbai, dominates India’s ultra-luxury apartment market, accounting for 40% of transactions worth ₹5,500 crore in two years.
IndiGo faces disruptions due to a hiring freeze, prompting pilots' body to urge regulatory intervention for safe operations.
Nvidia CEO Jensen Huang met separately with U.S. President Donald Trump and Republican senators Wednesday
Rupee falls to 90.43 against the dollar amid RBI's restrained intervention and high importer demand, causing market concerns.